1. LME prices slightly up within HARBOR’s identified trading range of $… per mton.
2. ALERT! – US BILLET. AT A DISCOUNT: US spot billet upcharge trading at a discount vs latest 2023 signed contracts.
3. ALERT! – EUROPEAN BILLET. UNCHANGED: European spot premiums steady, bulk of April’s contracts concluded.
To see our full European Billet Market Intel and Premiums assessment, subscribe to HARBOR’s specialized “European Billet Intelligence” reports.
4. ALERT! – EUROPEAN SCRAP. MARGIN SQUEEZE: D226 prices for March delivery drop to five-week lows.
For more details, subscribe to HARBOR’s specialized “Europe Scrap Intelligence” reports.
5. GREEN ALUMINUM MONITOR. More scrap recycling before zero-carbon smelting kicks-in.
For more details, subscribe to HARBOR’s specialized “Green Aluminum Monitor” reports.
6. ALERT! – US SCRAP. UBC discounts widen further,… x wider than historical average.
For more details, subscribe to HARBOR’s specialized “US and Mexico Aluminum Scrap Intelligence” reports.
7. LME Cash–3M contango narrows marginally, fresh inventory inflows in Asia supportive of loose nearby spreads.
8. China’s aluminum prices cap gains at a one-week high.